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2 clusters · 6 sources · 8 days · First seen · Last updated

Greek fishing vessel subsidy program extension

Overview

The Greek Ministry of Rural Development and Food has extended the deadline for a €16 million investment program designed to modernize fishing vessels. Part of the ‘Fisheries, Aquaculture and Sea 2021-2027’ (PALYTH) framework, the initiative specifically targets Action 1.1.2, which focuses on investments that do not increase fishing capacity.

The extension to October 30, 2026, was granted following requests from professional fishers and industry associations for more time to prepare proposals and gather documentation. The program aims to improve safety, working conditions, sustainability, and competitiveness within the Greek fishing sector. Public funding can cover up to 85% of eligible costs, with individual project budgets ranging from €5,000 to €500,000.

Entities

Ministry of Rural Development and Food

Timeline

  1. [BUSINESS] 2 sources
    Greece extends funding deadline for fishing vessel investments

    Greece has extended the deadline for a 16-million-euro fishing vessel modernization program to October 30, 2026, offering subsidies of up to 85% for eligible investments.

  2. [BUSINESS] 3 sources
    Greece extends deadline for €16 million fishing vessel subsidy program

    Greece has extended the deadline for a €16 million fishing vessel modernization program to October 30, 2026, offering subsidies of up to 85% for eligible investments.

Sources

dimokratiki.gr · e-thessalia.gr · ekriti.gr · ethnos.gr · tanea.gr · thrakitoday.com